
Tax Planning Using Private Corporations – 2017 Changes
The Federal Government has announced that they are looking into making changes to what they perceive as unfair tax advantages provided to individuals ...
My TFSA Is Being Audited, What Should I Do?
In 2009, the tax-free savings account (TFSA) was introduced across Canada. It was meant to promote investment, and encourage everyday Canadians to sav...
Is Your Corporation Up To Date?
Do you own a corporation? Have you updated your corporate records each year as required by the Business Corporations Act (Ontario)? Have you routinel...
How to Object to a Notice of Assessment or Reassessment
Every year, many taxpayers are unhappy with the Notices of Assessments they are issued. If you’re in such a position, you do not need to accept t...
Here’s What To Do With Unfiled Tax Returns
You might be like thousands of Canadians who have not filed their taxes for the past few years. Whether it is just missing one year, or missing ten ye...
Ontario’s Fair Housing Plan – What You Need To Know
On April 20, 2017, a number of measures were announced by the Ontario Government in their attempt to make housing more affordable. Rent Control...
Why Amalgamate – Streamline your Corporations, their Tax Obligations, Liabilities, and Assets
An amalgamation (sometimes called a merger) is the combination of two or more corporations to form one corporation and to continue on in existence as ...
Owing Money To The CRA: Tom’s Story Part 2
Tom can’t believe his eyes. He owes $27,000 to the CRA. What happened with the audit? Why didn’t his accountant handle the situation, or a...
The Importance of Shareholder Agreements
While there is no legal requirement to have a shareholders agreement under law, any corporation with more than one shareholder is well advised to obta...

